(1) If RWWA receives
moneys from the Department under the Gaming and Wagering Commission Act 1987
section 110B(5), RWWA is to credit those moneys to an account (the racing bets
levy account ) maintained under section 88 for the sole purpose of dealing
with those moneys under this section.
(2) The funds in the
racing bets levy account are to be paid or credited by RWWA, in such amounts
as it determines, to —
(a)
thoroughbred racing clubs registered with RWWA; and
(b)
harness racing clubs registered with RWWA; and
(c)
greyhound racing clubs registered with RWWA.
[Section 107A inserted: No. 29 of 2009 s. 28;
amended: No. 53 of 2024 s. 74.]